The largest short seller of Bitcoin, "pension-usdt.eth," has placed a $2.5 million long order on crude oil, marking his first foray into traditional assets.
CoinFeed reported on March 11 that, according to HyperInsight monitoring, the whale "pension-usdt.eth" (0x0ddf…), which focuses on cryptocurrency swing trading, has expanded its trading into traditional assets. Last night, this address continued to build long positions in CL (crude oil) around $87, and added another 10,000 units (approximately $830,000) in the past hour, at a price of $83.5. At this point, its 2x leveraged CL long position has reached $2.54 million, with an average price of $84.7, and a current unrealized profit of $1,500. This address has previously focused on large-position swing trading in BTC and ETH, and is currently the largest short seller of BTC on-chain. This crude oil long position marks its first foray into the RWA (Rich Warranty Asset) traditional asset space.